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Message: Re: sfmi stockpiling silver and gold
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Mar 21, 2011 10:15PM

Very interesting post, DC. It seems more and more, gold and silver are being recognized as MONEY. The neighboring state of Utah has just passed legislation legally recognizing gold and silver as legal tender within it's border. Enactment awaits only the Governor's signature. Many more states will follow, can Idalho be far behind? Storage would be a brilliant "wrinkle" in SFMI's stated goal of using their piles of ore to fund their operations into the mountain. The soured smelter deal has forced them into a default situation where storage has become necessary while they build their own smelter....turning a bad situation into something completely positive.

As the world wakes up to the lies that fiat dollars represent, and gold and silver become more valuable in every currency, folks will realize that miners are harvesting real money right out of the ground. The very fact that we can buy gold and silver in the ground for .15 cents a share, today, will be something that we'll look back upon as perhaps the most outrageous fortune of our lifetimes. As far as speculative plays go, this one is a real cherry. Having the benefit of hard historical data gives us an advantage rarely, if ever seen in this sector. I can't wait for the story to more clearly define itself. As it does, however, these prices will be but fond memories.

Good Luck to all the Falcon Faithful,

ag

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